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Kallanish Kallanish

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November, 24th 2020

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Weekly Steel

44 Nov. 17, 2020

Kallanish Steel Weekly: CIS leads the way to new price jumps with pig iron, billet

Last week a new jump in CIS prices indicated that the global market remained strong on the back of Chinese demand. Pig iron and billet prices from the Black Sea, for example, increased signigicantly after two weeks of stability.

CIS pig iron export prices gained on strong Chinese demand and …

43 Nov. 10, 2020

Kallanish Steel Weekly: 2021 to bring many changes, will protectionism slow down?

Last week the US presidential elections took centre stage in the global media, as the world waited for the presidential election results between incumbent President Donald Trump and challenger, former vice president Joe Biden.

For the steel market the end of Trump’s presidency could well mean a lot of change, …

42 Nov. 3, 2020

Kallanish Steel Weekly: Pig iron prices remain strong despite few sales concluded lately

The CIS pig iron export market has turned to Asia after the US booked a Russian cargo at the equivalent of around $360/tonne fob Black Sea ten days ago. But despite considerable interest from China returning, none of the CIS mills were able to trade due to their high expectations, …

41 Oct. 27, 2020

Kallanish Steel Weekly: Is Chinese steel production peaking yet?

During the last few months, most market observers have focused their attention on the rapid recovery of steel production in China. As coronavirus impacted the world’s output, China was the first to come out of the pandemic crisis, and its output has been reaching record levels during the last few …